BLS Insights

Category: Tax

Corporate Transparency Act, SECURE 2.0 and more!

January 22, 2024

Enjoy our latest BLS Video Update where Karly Laughlin, CPA, AEP and Mike Kelly, CPA discuss Corporate Transparency Act, SECURE 2.0 and more! Topics include General Updates with Karly Laughlin, CPA, … Continued

Learn More >>

There’s a New Threshold for Electronically Filing Information Returns

January 19, 2024

Does your business file 10 or more information returns with the IRS? If so, you must now file them electronically. This is a significant rule change that went into effect … Continued

Learn More >>

IRS Suspends Processing of ERTC Claims

September 20, 2023

In the face of a flood of illegitimate claims for the Employee Retention Tax Credit (ERTC), the IRS has imposed an immediate moratorium through at least the end of 2023 … Continued

Learn More >>

IRS Warns Businesses about ERTC Scams

August 17, 2023

The airwaves and internet are inundated these days with advertisements claiming that businesses are missing out on the lucrative Employee Retention Tax Credit (ERTC). While some employers do indeed remain … Continued

Learn More >>

Social Security’s Future: The Current Situation & Potential Solutions

May 25, 2023

Recent reports have raised new concerns about the impending insolvency of the Social Security program, absent congressional action. Social Security reform has long been considered a “third rail” of American … Continued

Learn More >>

U.S. Supreme Court Rules Against the IRS on Critical FBAR Issue

March 20, 2023

The U.S. Supreme Court recently weighed in on an issue regarding a provision of the Bank Secrecy Act (BSA) that has split two federal courts of appeal. Its 5-4 ruling … Continued

Learn More >>

Reading the Tea Leaves: Potential Tax Legislation in the New Congress

February 16, 2023

The 2022 mid-term election has shifted the scales in Washington, D.C., with the Democrats no longer controlling both houses of Congress. While it remains to be seen if — and … Continued

Learn More >>

Year-end Spending Package Tackles Retirement Planning, Conservation Easements

January 04, 2023

On December 23, 2022, Congress passed the Consolidated Appropriations Act of 2023. The sprawling year-end spending “omnibus” package includes two important new laws that could affect your financial planning: the Setting … Continued

Learn More >>

2022 Year End Business Tax Update

December 16, 2022

Enjoy our latest BLS Video Update where Karly Laughlin, CPA, Mike Kelly, CPA and Valerie Middlebrooks, CPA discuss 2022 Business Tax Updates. Topics include The Inflation Reduction Act of 2022 … Continued

Learn More >>

2022 Year End Individual Tax Update

December 15, 2022

Enjoy our latest BLS Video Update where Karly Laughlin, CPA, Mike Kelly, CPA and Valerie Middlebrooks, CPA discuss 2022 Individual Tax Updates. Topics include Inflation Adjustments (0:39-3:58) The Inflation Reduction … Continued

Learn More >>


Apply Now

Need Additional Information?

If you need more information, please contact us so we can connect you with one of our CPA advisors who will be committed to your business and personal success. BLS is here to help!